Maersk will push boat out for green cargo ships

Maersk will push boat out for green cargo ships
https://www.thetimes.co.uk/article/maersk-will-push-boat-out-for-green-c...

The world’s biggest freight shipping group is to invest $1.4 billion in eight giant new vessels that are able to run on carbon neutral methanol fuel.

AP Moller-Maersk said the first of the new container ships would be ready to start operating from the first quarter of 2024.

The Danish group claimed the ships would “offer Maersk customers truly carbon neutral transportation at scale on the high seas”.

However, the ships will operate on dual fuel and are expected to have to use conventional bunker fuel initially because “sourcing an adequate amount of carbon neutral methanol from day one in service will be challenging”, Maersk said.

About 90 per cent of global trade is transported by sea and shipping accounts for almost 3 per cent